One REIT (TSE:3290) EPS without NRI: 円5,461.15 (TTM As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3290 One REIT Inc TSE:3290
55 GF Score
Price 円76,200.00
GF Value 円89,123.95
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is One REIT EPS without NRI?

One REIT TSE:3290 +0.66% 55 EPS without NRI is 円5,461.15 as of Feb. 2026. GuruFocus rates TSE:3290 with a GF Score™ of 55/100 and a GF Value™ of 円89,123.95 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 677 REITs companies, One REIT ranks worse than 61.74% on this metric.

One REIT's earnings per share without non-recurring items for the six months ended in Feb. 2026 was 円2,386.00. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Feb. 2026 was 円5,461.15.

During the past 12 months, One REIT's average earnings per share (NRI) Growth Rate was -42.20% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was -3.70% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was -2.10% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for One REIT's EPS without NRI or its related term are showing as below:

TSE:3290' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -4.9   Med: 0.5   Max: 10.4
Current: -3.7

During the past 11 years, One REIT's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 10.40% per year. The lowest was -4.90% per year. And the median was 0.50% per year.

TSE:3290's 3-Year EPS without NRI Growth Rate is ranked worse than
61.74% of 677 companies
in the REITs industry
Industry Median: 1 vs TSE:3290: -3.70

One REIT's EPS (Diluted) for the six months ended in Feb. 2026 was 円2,386.00. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円5,461.37.

One REIT's EPS (Basic) for the six months ended in Feb. 2026 was 円2,386.00. Its EPS (Basic) for the trailing twelve months (TTM) ended in Feb. 2026 was 円5,461.37.


One REIT  (TSE:3290) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


One REIT EPS without NRI Related Terms


One REIT EPS without NRI Historical Data

* Premium members only.

The historical data trend for One REIT's EPS without NRI can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

One REIT EPS without NRI Chart

One REIT Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,293.16 5,050.41 4,811.60 4,554.54 4,508.67

One REIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
EPS without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,277.67 2,230.33 7,217.00 3,075.15 2,386.00

TSE:3290 vs BXP, ARE, VNO: EPS without NRI Comparison

For the REIT - Office subindustry, One REIT's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


One REIT PE Ratio without NRI vs REITs Industry

For the REITs industry and Real Estate sector, One REIT's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where One REIT's PE Ratio without NRI falls into.


TSE:3290
55GF Score
One REIT Inc TSE:3290
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

One REIT EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円5,461.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of 円5,461.15 mean?
One REIT (TSE:3290) has a EPS without NRI of 円5,461.15 as of Feb. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on One REIT and its competitors. According to the industry distribution chart, One REIT ranks #418 out of 677 companies in the REITs industry, placing it in the top 61.7%.
Is One REIT's EPS without NRI too high?
One REIT's current EPS without NRI is 円5,461.15. Based on the distribution chart, One REIT ranks #418 out of 677 companies in the REITs industry, which is below the industry midpoint. Overall, One REIT has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does One REIT's EPS without NRI compare to BXP and ARE?
According to the REITs industry distribution chart, One REIT ranks #418 out of 677 companies for EPS without NRI. This places One REIT in the lower half of its industry. The industry median EPS without NRI is 1.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a REITs company?
The median EPS without NRI among REITs companies is 1.00, based on 677 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on One REIT and its competitors. For the REITs industry, the median EPS without NRI is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. One REIT's current EPS without NRI is 円5,461.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is One REIT stock overvalued right now?
Based on GuruFocus' analysis, One REIT (TSE:3290) is currently considered Modestly Undervalued. The stock's GF Value™ is 円89,123.95, compared to a current price of 円76,200.00 — trading 14.5% below its estimated fair value. The current EPS without NRI is 円5,461.15. One REIT's overall GF Score™ is 55/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For One REIT (TSE:3290), the current EPS without NRI is 円5,461.15 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is One REIT (TSE:3290) Overvalued in 2026?

Based on GuruFocus' analysis, One REIT stock appears to be undervalued. The current stock price of 円76,200.00 is trading 14.5% below its estimated GF Value™ of 円89,123.95. GuruFocus considers One REIT to be Modestly Undervalued.

Key valuation signals for TSE:3290:

  • EPS without NRI: 円5,461.15
  • GF Value™: 円89,123.95 vs. price of 円76,200.00 (14.5% below fair value)
  • GF Score™: 55/100 with 7 warning signs

No single metric tells the full story. See the TSE:3290 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


One REIT Business Description

Industry Real EstateREITs
Address 1-5-5 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0013
One REIT Inc operates as a real estate investment trust. The company invest in commercial real estate and office buildings in Japan. It operates in a single segment, which is real estate leasing.
55GF Score

Get the complete analysis for TSE:3290

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円76,200.00
Price
円89,123.95
GF Value